Philanthropy Camp - August 2010

Why do I do what I do? Philanthropy Camp – Newport, Rhode Island Presented by Ken Berger President & Chief Executive Officer Charity Navigator August 5, 2010

In The Beginning Was The Buddha

Poverty and Children More than 1 billion children suffer from a lack of;  proper nutrition  safe drinking water  decent sanitation facilities  health-care services  shelter  education and information

Searching For What Is Meaningful

Radical Son

Charity Leader

~30 Years Doing “the Work”

The Logical Next Step

Charity Navigator’s Current Impact  Estimated 3+ million Growth In Website Usage distinct visitors per 3,316,587 year 2,835,167 3,102,308 3,011,423 N u m b e r o f U n iq u e V is it 2,707,018  92% say CN ratings affected their decision to support individual 1,240,095 charities 661,945  CN ratings influence 18,259 225,295 billions in donations 2002 2003 2004 2005 2006 2007 2008 2009 2010 each year Years

The Explosive Growth of Nonprofits in the US

$1.9 Trillion in Public Charity Revenues *.2% of PCs get 59% of Revenues = $1.5 Trillion **6% of PCs get 96% of Revenues = $1.86 million 61% (1.2 million) are Public Charities (PCs) ~1.9 million Nonprofits * ~3,000 charities with annual revenues over $100 million **~100,000 charities with annual revenues over $1 million

What is Meaningful for a Hi-Performing Charity? Accountability & Transparency • Positive, sustainable change • Independently HIGHER RISK evaluated LOWER RISK INVESTMENT INVESTMENT Financial Health

Independent Evaluation is Critical to Ensure that Social Investing Keeps Pace with the Growing Need for Nonprofit Programs Charity Navigator Social Investors (donors evaluates charities and w/eyes open) provides demand meaningful information meaningful information Social Investors use meaningful information to make better decisions High-performing nonprofits get more money

Introducing CN 2.0 Financial Accountability/ Effectiveness More Health Transparency /Results Comprehensive Rating System

3 Golden Rules of Philanthropy 1. Giving using the heart w/o head is usually ineffective. 2. Giving using the head w/o heart is ultimately unsustainable & meaningless. 3. Giving using both is called social investing and can lead to real impact – meaningful and lasting change in communities and people’s lives.

The Battle for the Soul of the Nonprofit Sector

Your Questions & Our Web Addresses Website- www.charitynavigator.org Blogs- www.kenscommentary.org blog.charitynavigator.org Twitter- kenscommentary

Philanthropy Camp - August 2010

by CharityNav on Aug 13, 2010

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Philanthropy Camp - August 2010 — Presentation Transcript